Management’s guidance suggests a more competitive environment in Q12023 as it indicated further gross margin compression in the platform+ segment. Needham analyst Laura Martin maintained a Buy rating on VIZIO Holding (VZIO – Research Report) today and set a price target of $11.00. The company’s shares closed last Friday at $8.41.Martin covers the Technology sector, f… Smart TV maker Vizio Holding Corp.’s initial public offering priced at $21 a share late Wednesday, the low end of its $21 to $23 proposed price range.
The catalyst for the bull case is obviously the continue grow in ARPU and its user base. On the other hand, the U.S. connected TV ad spending is still growing at a high rate. Multiple research sources(Grandview research, eMarketer) indicate high single-digit to low teen growth for the next 5 years. We think the bull case scenario is likely given the market potential and that the company is still in the early stage to grow its user base.
This suggests a possible upside of 81.2% from the stock’s current price. View analysts price targets for VZIO or view top-rated stocks among Wall Street analysts. Market data provided by Thomson Reuters (Refinitiv). Stash cannot and does not represent or guarantee that any of the information available via Refinitiv is accurate, reliable, current, complete or appropriate for your needs. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products.
Key takeaways from the Q4 2022 earnings:
To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription. You can sign up for additional alert options at any time.
- VIZIO’s stock was trading at $7.41 at the beginning of 2023.
- However, management’s guidance suggests a more competitive environment in Q12023 as it indicated further gross margin compression in the platform+ segment.
- On average, they predict the company’s stock price to reach $13.75 in the next year.
- Past performance should not be viewed as an indicator of future results.
- We think the bull case scenario is likely given the market potential and that the company is still in the early stage to grow its user base.
In this scenario, it requires catalysts such as the fed starting to lower the rate, its platform+ business continuing to impress, or its TV segment grabbing market shares. We think given the management focuses on cost-cutting at the moment, there could be some upside in margin improvement but unlikely to hit the 10% or above level. So the stock is not really contractive in our base case analysis. All types of investments are risky and investors may suffer losses. Past performance of investment products does
not guarantee future results. Electronic trading also poses risks to investors.
Total adjusted EBITDA in the range of flat to positive $5 million. The management saw a flattish environment in the TV market in 2023. Thus, they will be focusing on cost control this year.
Regional bank stocks gain premarket; Cisco is due to report earnings after the close
VIZIO saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,680,000 shares, a drop of 12.7% from the March 31st total of 3,070,000 shares. Based on an average trading volume of 380,900 shares, the days-to-cover ratio is presently 7.0 days. Approximately 3.8% of the shares of the stock are short sold.
Vizio Holding Corp. reported stronger television shipments and growth in accounts for its TV operating system in its first quarterly report since its public listing in March. Vizio on Tuesday said net income slipped to $3…. Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
“The market isn’t very healthy right now,” he said in a phone interview with MarketWatch. Goldman blamed expectations for Federal Reserve interest-rate cuts, lower Treasury yields, recession fears and the “AI craze” for spurring interest in megacap technology names. The WSJ Dollar Index gained 0.2%, on pace to finish higher for the sixth session in the last eight trading days. Dividend reinvestment,8 recurring investments, and more. This site provides links to other third-party internet sites, which are identified, indexed and compiled through an automated process with no advance review by Stash. By directing users to the below third-party websites, Stash is not suggesting any endorsement, relationship, affiliation with any such websites.
There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” VZIO shares. View VZIO analyst ratings or view top-rated stocks. With the sensitivity test below, we can see that the stock is overvalued only if its EBITDA margin fails to stay above 10%.
Vizio Holding Corp’s share price is determined by its bid-ask spread, which is the difference between the price that buyers are willing to pay and the price that sellers are willing to accept. At Stash, we don’t recommend trying to predict the market when buying investments. We believe it can be a better strategy to buy quality investments you believe in, then hang onto them. Margin trading involves interest charges and heightened risks, including the potential to lose more than
invested funds or the need to deposit additional collateral. Before trading on margin, customers are advised to
determine whether this type of trading is appropriate for them in light of their respective investment
objective, experience, risk tolerance and financial situation. Investments in stocks, options, ETFs and other instruments are subject to risks, including possible loss of the
LiveOne Partners with OTT Studio as Multi-Year Exclusive Music Streaming Provider – Marketscreener.com
LiveOne Partners with OTT Studio as Multi-Year Exclusive Music Streaming Provider.
Posted: Mon, 15 May 2023 13:28:06 GMT [source]
In addition, users should make an independent assessment of the legal, regulatory, tax, credit and accounting implications and determine performance and yield are not a reliable indicator of current and future results. We are driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful SmartCast™ operating system. We also offer a portfolio of innovative sound bars that deliver consumers an elevated audio experience. Our platform gives content providers more ways to distribute their content and advertisers more tools to target and dynamically serve ads.
It has been extremely rare in the past 50 years for the tech-heavy index to exceed the Dow by such a wide margin. Get this delivered to your inbox, and more info about our products and services. Create a list of the investments you want to track.
Analysts at Credit Suisse have a price target of $275 on Nvidia, saying its hardware and software give it an edge over rivals in AI. Certain companies can be volatile, meaning the stock price fluctuates significantly. Don’t put all your eggs into one basket and remember to keep the Stash Way in mind when you invest. One share of VZIO stock can currently be purchased for approximately $7.59.
Target shares are slightly lower, after the retailer said sales growth stalled and profit fell in the most recent quarter. Cisco Systems will report earnings later Wednesday, while data on housing starts and building permits will provide insight into the health of the U.S. housing market. No content on the website shall be considered as a recommendation or solicitation for the purchase or sale of
securities, futures, or other financial products. All information and data on the website are for reference only
and no historical data shall be considered as the basis for predicting future trends. Free trading refers to $0 commissions for Moomoo Financial Inc. self-directed individual cash or margin
brokerage accounts of U.S. residents that trade U.S. listed securities via mobile devices or Web.
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Consider P/E ratio, profit and loss, and news when buying stocks. You can continue to build your portfolio by buying more stocks and funds—there are hundreds of options on Stash.
Oil prices edged higher Wednesday, with traders making light of a surprise rise in U.S. crude stockpiles. In one indication of just how concentrated the U.S. stock market has become, the 10 largest stocks in the S&P 500 accounted for 87% of the index’s gains during the first quarter, Goldman said. The services and products offered on the website are subject to applicable laws and regulations, as well as
relevant service terms and policies. The services and products are not available to all customers or in all
geographic areas or in any jurisdiction where it is unlawful for us to offer such services and products. Information contained on this website is general in nature and has been prepared without any consideration of
customers’ investment objectives, financial situations or needs.
Official U.S. government data on crude and product stockpiles from the Energy Information Administration are due later in the session. Investors will have a chance on Wednesday to examine the health of the U.S. real estate market with the release of the housing https://business-oppurtunities.com/advertising-in-free-classifieds/ starts and building permits figures for April. The U.S. is widely expected to run out of money to pay debt holders early next month, and such an event could prove to be catastrophic for the U.S. and have serious knock-on effects for the global economy.
Stash allows you to purchase smaller, more affordable pieces of investments (called fractional shares) rather than the whole share, which can be significantly more expensive. The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. Applying the DCF method, we can arrive at an equity value of 2,666 million ($13.2 per share), which implies a 43% increase from the current stock price. Applying the DCF method, we can arrive at an equity value of 961 million ($4.7 per share), which implies a 48% decline from the current stock price. The company competed with Samsung, TCL, LG, Sony, Hisense, and Insignia in the TV segment.